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Lead Angels rebrands as Lead Invest to expand beyond angel investing

EntrackrEntrackr · 4m ago
Lead Angels rebrands as Lead Invest to expand beyond angel investing
Medial

Lead Angels, a prominent angel investment network, announced its rebranding to Lead Invest, signaling its transition into a comprehensive investment platform with a focus on India's unlisted equity market. This transformation highlights their expanded focus on late-stage pre-IPO investments, syndications, and next-generation startup funding, moving beyond their prior concentration on angel investments. Lead Invest is committed to bolstering transparency, credibility, and governance while offering exclusive access to high-growth pre-IPO opportunities, allowing investors to engage with companies ahead of their public listings. Founder & CEO Sushanto Mitra emphasized their dedication to providing investors access to high-quality opportunities across various stages of startup growth, from early-stage to pre-IPO. The rebranding introduces new verticals like Lead Invest NxtGen for institutional investments in startups, Lead Pre-IPO for access to companies preparing for public listing, and Lead Advisory for growth consulting services. The firm aims to bridge the gap between investors and high-potential startups through a data-driven investment approach, fostering strategic investment opportunities and superior returns. Lead Invest has built a network of over 500 investors and invested in approximately 100 startups across diverse sectors, reporting an internal rate of return (IRR) of about 34%.

Rupeeflo raises $1 Mn from Piper Serica

EntrackrEntrackr · 5m ago
Rupeeflo raises $1 Mn from Piper Serica
Medial

Rupeeflo raises $1 Mn from Piper Serica Fintech startup Rupeeflo has raised $1 million in funding in a pre-seed round led by Piper Serica Angel Fund. Fintech veterans including Ravi Shankar (co-founder of Active AI), Kishore Natarajan, and Kedar Kulkarni (co-founder of Hyperverge) also participated in the maiden round. Rupeeflo will use the funding to roll out a full-stack NRI investment platform, introduce instant UPI access, and expand its global presence. Founded in 2024 by Dharmendra Maurya, Ashish Jha, and Manav Bharambe, Rupeeflo streamlines banking and investing for NRIs in India. Starting with the U.S. and U.K., it aims to expand across global NRI hubs. With Rupeeflo, NRIs can now digitally apply for an NRE/NRO account in less than 10 minutes and have easy and paperless access to stock markets, mutual funds, and index funds without regulatory headaches. “We see this as one of the biggest untapped opportunities in fintech. In the USA alone, NRIs have over $300 billion in low-yield savings overseas because investing in India has been too complex. We are fixing the problem so that they can participate in India's future instead of just watching from the sidelines,” said Ashish Jha. Piper Serica is an asset manager investing in India’s public and private markets. It manages a SEBI-registered PMS, advises a Mauritius-based offshore fund, and runs the Piper Serica Angel Fund for early-stage startups, overseeing over Rs 1,000 crore in assets.

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